Source: Canadian Pacific Railway
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  • Canadian Pacific Railway Limited (CP) has reached a tentative collective agreement with Unifor on a new contract for its mechanical employees in Canada
  • Unifor represents approximately 1,200 of CP’s mechanical employees responsible for maintaining rail cars and locomotives
  • Details of the collective agreement will be released publicly when the agreement has been ratified
  • Canadian Pacific is a transcontinental railway in Canada and the U.S. 
  • Canadian Pacific Railway Ltd. (CP) is up 1.22 per cent on the day, trading at C$78.88 per share at 12:45 pm ET

Canadian Pacific Railway Limited (CP) has reached a tentative collective agreement with Unifor on a new contract for its mechanical employees in Canada.

“We thank Unifor for working collaboratively with us throughout this process,” said Keith Creel, CP’s President and CEO.

“CP is proud to have reached another tentative collective agreement with a valued union partner. This tentative agreement is a testament to the hard work, collaboration and commitment of both sides.”

Unifor represents approximately 1,200 of CP’s mechanical employees responsible for maintaining rail cars and locomotives. The previous collective agreement expired on Dec. 31, 2022.

Details of the collective agreement will be released publicly when the agreement has been ratified.

Canadian Pacific is a transcontinental railway in Canada and the U.S. with direct links to major ports on the west and east coasts. It provides North American customers with a competitive rail service with access to key markets in every corner of the globe.

Canadian Pacific Railway Ltd. (CP) is up 1.22 per cent on the day, trading at C$78.88 per share at 12:45 pm ET.


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